Flat 1, 408
Flat 1, 408
Description & Estimates
The public record describes Flat 1, 408, Narborough Road, Leicester as a period apartment with 387 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 1, 408, Narborough Road, Leicester has an estimated sale value of £69,073 and an estimated rental value of £559 per month, assuming reasonable condition and based on the information available.
The apartment sits within 408, Narborough Road, Leicester, LE3.
Narborough Road, Leicester, LE3 lies within the LE3 postal district.
Our Data Sources
Flat 1, 408, Narborough Road, Leicester has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 408, Narborough Road, Leicester would be worth £72,526, with a potential rental value of £587 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £64,238, with a rental value of £520 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 408, Narborough Road, Leicester has climbed by £97 (0.1%) over the last year. During the same period, its estimated monthly rental value has risen by £20 (3.5%). The property's estimated gross yield is currently 9.7%.
Energy Efficiency
Flat 1, 408, Narborough Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 1, 408, Narborough Road, Leicester last changed hands on 31st May 2001, selling for £65,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold May 2001£65,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 500 metres of Flat 1, 408, Narborough Road, Leicester across the last 2 years.
Most recently, Flat 1, 420, Narborough Road, Leicester, LE3 2FR, a leasehold flat, sold at £185,000 on the 23rd October 2018.
Read more about house prices in LE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 1, 408, Narborough Road, Leicester as the 370th largest and the 434th most expensive of the 457 addresses on Narborough Road, Leicester, LE3.
Against the LE3 postcode district average, it is £152k less expensive than the typical property.
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Schools Nearby
- 300mSt Mary's Fields Academy
- 600mFolville Junior School
- 700mImperial Avenue Infant School
- 500mFullhurst Community College
- 1.8kmThe Winstanley School
- 2.2kmCastle Mead Academy
More reading links
Public Transport Nearby
Leicester station is the nearest stop to Flat 1, 408, Narborough Road, Leicester at 2.7 kilometres away.
- 2.7kmLeicester
- 4.4kmSouth Wigston
- 6.0kmNarborough
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
